Gregory Bartko, the Atlanta attorney and securities swindler, has been sentenced to 23 years in federal prison after being convicted of fraud in North Carolina.
“Gregory Bartko targeted church members and made empty promises for big investment returns,” said Chris Briese, special agent in charge of the Charlotte Division of the FBI. “The FBI and our federal partners dismantled his fraud ring and we will keep pursuing con men who put their own greed above the law.”
Added Keith Fixel, U.S. postal inspector in charge of the Charlotte Division, “Cases like this are particularly devastating because people, like Gregory Bartko, try to hide behind their professional credentials while using them to gain the trust of their victims. Investors should remain vigilant and verify all information for a potential investment, especially if there are claims of outperforming the market.”
Bartko’s victims were “everyday hardworking people,” said Jeannine A. Hammett, special agent in charge of the IRS Criminal Investigations Unit. “That makes his crimes even more horrible. It is despicable that Mr. Bartko violated his position of trust for his own personal gain.”
Bartko was charged with his own securities swindle in 2009, while he was representing defendants in the “Billionaire Boys Club” Ponzi case brought in Michigan by the SEC.
A California Ponzi scheme in the 1980s also was known as “The Billionaire Boys Club.”